The Federal Reserve has made it clear that its remaining two 2023 decision on interest rates will be data dependent, with another rise in interest rates possible but not certain. If there is a government shutdown, there’s a real risk that some of that data the Fed might base any interest rate decision on will be delayed, disrupted or even absent.
Economic Data
Key U.S. economic data releases such as inflation reporting and unemployment statistics as well as many others are provided by the government. However, this research is generally are not considered essential. Therefore, economic analysis and reporting, like many other non-critical government services, would be expected to stop were the government to shutdown on October 1.
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